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AmeriServ Financial (AmeriServ Financial) Cyclically Adjusted FCF per Share : $0.27 (As of Mar. 2024)


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What is AmeriServ Financial Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

AmeriServ Financial's adjusted free cash flow per share for the three months ended in Mar. 2024 was $-0.163. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, AmeriServ Financial's average Cyclically Adjusted FCF Growth Rate was -12.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 2.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 7.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of AmeriServ Financial was 31.00% per year. The lowest was -37.00% per year. And the median was -1.50% per year.

As of today (2024-06-10), AmeriServ Financial's current stock price is $2.35. AmeriServ Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.27. AmeriServ Financial's Cyclically Adjusted Price-to-FCF of today is 8.70.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AmeriServ Financial was 32.70. The lowest was 8.00. And the median was 14.46.


AmeriServ Financial Cyclically Adjusted FCF per Share Historical Data

The historical data trend for AmeriServ Financial's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AmeriServ Financial Cyclically Adjusted FCF per Share Chart

AmeriServ Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.28 0.30 0.33 0.29

AmeriServ Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.31 0.30 0.29 0.27

Competitive Comparison of AmeriServ Financial's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, AmeriServ Financial's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AmeriServ Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, AmeriServ Financial's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where AmeriServ Financial's Cyclically Adjusted Price-to-FCF falls into.



AmeriServ Financial Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, AmeriServ Financial's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.163/131.7762*131.7762
=-0.163

Current CPI (Mar. 2024) = 131.7762.

AmeriServ Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.045 100.560 -0.059
201409 -0.026 100.428 -0.034
201412 0.150 99.070 0.200
201503 0.136 99.621 0.180
201506 0.105 100.684 0.137
201509 0.069 100.392 0.091
201512 0.163 99.792 0.215
201603 0.009 100.470 0.012
201606 0.188 101.688 0.244
201609 -0.372 101.861 -0.481
201612 0.449 101.863 0.581
201703 0.101 102.862 0.129
201706 -0.013 103.349 -0.017
201709 0.091 104.136 0.115
201712 0.080 104.011 0.101
201803 0.192 105.290 0.240
201806 0.007 106.317 0.009
201809 -0.030 106.507 -0.037
201812 0.155 105.998 0.193
201903 0.017 107.251 0.021
201906 0.091 108.070 0.111
201909 -0.180 108.329 -0.219
201912 0.191 108.420 0.232
202003 -0.061 108.902 -0.074
202006 -0.067 108.767 -0.081
202009 -0.194 109.815 -0.233
202012 0.164 109.897 0.197
202103 0.378 111.754 0.446
202106 0.126 114.631 0.145
202109 -0.110 115.734 -0.125
202112 0.114 117.630 0.128
202203 0.084 121.301 0.091
202206 -0.083 125.017 -0.087
202209 0.013 125.227 0.014
202212 0.169 125.222 0.178
202303 0.082 127.348 0.085
202306 0.027 128.729 0.028
202309 0.134 129.860 0.136
202312 0.043 129.419 0.044
202403 -0.163 131.776 -0.163

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


AmeriServ Financial  (NAS:ASRV) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

AmeriServ Financial's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=2.35/0.27
=8.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of AmeriServ Financial was 32.70. The lowest was 8.00. And the median was 14.46.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


AmeriServ Financial Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of AmeriServ Financial's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


AmeriServ Financial (AmeriServ Financial) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Main and Franklin Streets, P.O. Box 430, Johnstown, PA, USA, 15907-0430
AmeriServ Financial Inc is a bank holding company. The company and its subsidiaries derive substantially all of their income from banking, bank-related services, and trust-related services. Its operating segment includes community banking; wealth management and investment/parent. The company generates maximum revenue from the community banking segment. The community banking segment includes both retail and commercial banking activities. Retail banking includes the deposit-gathering branch franchise and lending to both individuals and small businesses. Lending activities include residential mortgage loans, direct consumer loans, and small business commercial loans. Commercial banking to businesses includes commercial loans, business services, and CRE loans.
Executives
Jeffrey A Stopko officer: Senior Vice President and CFO
Richard W. Bloomingdale director C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Kim W Kunkle director
David J. Hickton director C/O AMERISERV FINANCIAL, INC., 216 FRANKLIN STREET, JOHNSTOWN PA 15901
James T Huerth officer: EVP, Commercial Banking 102 S MAIN STREET, CULPEPER VA 22701
Amy Bradley director MAIN & FRANKLIN STREETS, P. O. BOX 430, JOHNSTOWN PA 15907
O Malley Margaret A director
Daniel A. Onorato director MAIN & FRANKLIN STREETS, P.O. BOX 430, JOHNSTOWN PA 15907
Robert L Wise director
Craig G Ford director, officer: Chairman, President & CEO
Thomas C Slater director
Young Gregor T Iv officer: President & CEO of Trust Co. C/O S&T BANCORP INC, P O BOX 190, INDIANA PA 15701
Duke Bruce E Iii director
Michael D Lynch officer: Interim SVP & CFO 216 FRANKLIN STREET, JOHNSTOWN PA 15901
Michael R. Baylor officer: EVP & Regional President 216 FRANKLIN STREET, JOHNSTOWN PA 15901